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Global fingerprint sensors market is forecast to jump up to $14.35 billion in 2020. Rapid technological developments, increasing demand for simple and secured access for users to their devices, mobile commerce, and high adoption rates of smartphones are the major drivers for such a high growth of the fingerprint sensors market. The fingerprint sensors market is estimated to grow at CAGR of 16.8% from 2014 to 2020. This escalation is developing the need to analyze, review, and to forecast the growth of the fingerprint sensors market. Fingerprint sensing technologies are, at present, more reliable and cost effective than all the other existing biometric technologies, which has diverted the attention of all the leading biometrics manufacturers across the world.

The study elucidates the situation of fingerprint sensors in mobile devices markets, and shows application market of fingerprint sensors in smartphones, tablets, laptops, gaming consoles, and wearable devices, along with accurate market metrics. The study clarifies that, currently, the fingerprint applications’ market size is highest for laptops but it is set to be overtaken by fingerprint applications’ market size for smartphones by 2020, which is expected to grow at the highest CAGR of 56.4% from 2014 to 2020.

Lastly, the fingerprint sensors market research study is segmented on the basis of geography into North Americas, Europe, the Asia-Pacific (APAC), and Rest of the World (ROW). Among these, the U.S., Germany, Japan, China, U.K., and South Korea are the highest market sharing countries in the fingerprint sensors market. Complete list of countries, information on which have been covered in this report, include U.S., Canada, Mexico, Germany, U.K., France, Italy, Australia, China, Japan, South Korea, India and more.

Fingerprint sensors are the leading biometric technology in consumer electronics, equipped with secured authentication system. In recent times, smartphones, tablets, and PDAs are becoming the most indispensable gadget of our everyday lives. Fingerprint sensors enable fast, secure, and reliable access to smartphone as lots of personal information like contacts, payment details, texts, location data, and mails are stored in some kind of encrypted form on the phone. The fingerprint sensors are having wide application not only in mobiles but also in areas such as government, criminal identification, defense, travel and migration, banking and finance, healthcare, smart homes, and commercial security.